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Recent Filing Shows That Sen. Rafael E Cruz Sold Over $100K Worth of Goldman Sachs Group Stock

Author: Benzinga Insights | November 13, 2025 10:00am

A report on November 12, 2025 shows that Senator Rafael E Cruz from Texas sale stock in Goldman Sachs Group (NYSE:GS), valued between $100,001 and $250,000. According to the November filing, the transaction occurred on November 11, 2025.

At the time of writing, Goldman Sachs Group shares are trading down 0.83% at $832.02.

To stay updated on Rafael E Cruz's trades and other congressional trades, try our government trades tool for live updates!

The Importance of Congressional Transactions

A congressional transaction is when any representative or senator either buys or sells an individual stock.

Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.

In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.

Why Congressional Transactions Matter

Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.

When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.

A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GS

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